With mortgage rates hitting a shocking 23-year high and consistently remaining above 7%, builder confidence is shaking to its core. In this episode, I, John Schink of Deerwood Realty, delve deep into the latest National Association of Home Builders/Wells Fargo Housing Market Index to shed light on the severe decline in builder sentiment. Discover why […]
Homebuilders in Panic Mode? Mortgage Rates Just Did WHAT? Read More »
Rising rents have become a pressing concern across the U.S., with CoreLogic’s recent Single-Family Rent Index shedding light on this crucial trend. With an average American renter household spending approximately 40% of its income on housing costs, the situation becomes even more critical. Join John Schink of Deerwood Realty as he delves deep into the
Can’t Buy, Can’t Afford to Rent? The US Housing Dilemma Read More »
In the face of rising interest rates, homebuyers are making some unexpected decisions out of desperation. John Schink of Deerwood Realty, a residential broker in St. Louis, Missouri, delves into the surprising trend of homebuyers now opting for a specific type of mortgage. But is it a smart move or a ticking time bomb? Join
Desperation Move? Homebuyers are turning to What? Read More »
Join John Schink of Deerwood Realty as he celebrates reaching 200 subscribers on YouTube! Dive deep into his journey, exploring the real estate landscape, addressing misconceptions, and discussing the evolving challenges of the YouTube platform. From addressing the struggles of persistent failures to expressing the determination to grow and evolve, John offers a transparent look
200 Subscribers: Lessons, Struggles, & My Authentic YouTube Journey Read More »
John Schink of Deerwood Realty dives deep into a crucial aspect of the home affordability conversation that many overlook: the cumulative impact of inflation. While rising mortgage rates often steal the spotlight, they’re just one piece of the puzzle. Over the past years, cumulative inflation has hovered around an astonishing 20%, and this silent force
Have We Been Overlooking THIS in the Home Affordability Debate? Read More »
Navigating today’s housing market is a challenge. Prices are soaring, mortgage rates are climbing, and inventory is limited. In this episode, we delve into a trend that’s emerging as potential homeowners search for creative solutions. Are families really becoming roommates to save money? Join us as we explore the facts, figures, and real-life stories behind
Why Are Homebuyers Moving in With Family? The Answer May Surprise You! Read More »
Diving deep into the latest National Association of Realtors (NAR) report which reveals a shocking 13-year low in existing home sales this September. With mortgage rates on the rise, inventories drying up, and home prices still increasing, what does this mean for potential homebuyers and the real estate market at large? John Schink of Deerwood
Are We Hitting Rock Bottom? Home Sales Experience Worst Drop in Over a Decade? Read More »
A Reddit user shared a deeply personal journey about buying their first home at the peak of the market in 2022. From unexpected homeownership challenges to financial struggles, this story sheds light on the harsh realities some face in today’s economy. Discover the challenges and the emotional toll one decision can have. RealLifeStories #Homeownership #FinancialStruggles
Reddit User’s Heartbreaking House Purchase Story: What Really Happened? Read More »
Major voices in real estate and banking have sounded the alarm bells! 🔔 With skyrocketing housing costs, a historic shortage of homes, and multiple interest rate hikes by the Federal Reserve, industry leaders are expressing deep concerns. Find out why top organizations like the National Association of Home Builders and Mortgage Bankers Association are urging
Real Estate Titans Send a Letter to the Fed: What’s Their Urgent Message? Read More »
Join us as we dive deep into the current housing market conditions, drawing parallels with the 1980s and distinguishing it from the 2008 crash. Experts at Bank of America see eerie similarities with the ’80s market but are quick to dismiss the chances of another 2008-like disaster. We’ll explore their predictions, the role of demographics,
Is the 2020s Housing Market a Deja Vu of the 1980s? Read More »
